Europe stocks rise; Volkswagen gains after upgrade

LONDON (MarketWatch) -- European stocks opened higher Wednesday, aiming for a win after two sessions of declines. The Stoxx Europe 600
SXXP, +0.03%
was up 0.2% at 334.50, where shares of Volkswagen AG
VOW3, -1.45%
rose 2.5% following a ratings upgrade to outperform from market-perform at Bernstein. The FTSE 100
UKX, +0.41%
picked up 0.2%, topped by a 1.9% rise in IMI PLC
IMI, -1.58%
after the engineering company was upgraded to overweight from neutral at HSBC. France's CAC 40
PX1, +0.72%
gained 0.3% to 4,437.43, and Germany's DAX 30
DAX, +0.46%
moved up 0.2% at 9,512.07.

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